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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 01, 2022
Apr. 02, 2021
Apr. 01, 2022
Apr. 02, 2021
Income Statement [Abstract]        
Revenue, net $ 4,381 $ 4,137 $ 14,265 $ 12,002
Cost of revenue 3,200 3,046 9,836 9,047
Gross profit 1,181 1,091 4,429 2,955
Operating expenses:        
Research and development 572 555 1,725 1,645
Selling, general and administrative 281 287 851 808
Employee termination, asset impairment, and other charges 4 (68) 24 (43)
Total operating expenses 857 774 2,600 2,410
Operating income 324 317 1,829 545
Interest and other income (expense):        
Interest income 1 2 4 6
Interest expense (75) (81) (229) (246)
Other income, net 12 11 8 26
Total interest and other expense, net (62) (68) (217) (214)
Income before taxes 262 249 1,612 331
Income tax expense 237 52 413 132
Net income $ 25 $ 197 $ 1,199 $ 199
Income per common share:        
Basic (in dollars per share) $ 0.08 $ 0.64 $ 3.84 $ 0.65
Diluted (in dollars per share) $ 0.08 $ 0.63 $ 3.79 $ 0.65
Weighted average shares outstanding:        
Basic (in shares) 313 306 312 305
Diluted (in shares) 316 313 316 308